What is being forecast?
What is being forecast?
A sales forecast is an estimate of future sales over a specific time period. It is not the same as a target, because a target is what the business wants to achieve, while a forecast is what the business expects is most likely to happen.
Step-by-step lessons on Edexcel A Level Business Sales forecasting. Each one builds up to exam-style questions. Build up your knowledge of the core business functions first, then focus revision time on the strategy and evaluation-heavy topics, since these carry the most marks.